Carriage Services, Inc. · NYSE:CSV
Carriage Services — Investor Presentation (August 2024)
10 slides from Carriage Services's investor presentation, August 2024
Slide 1: Investor Presentation Update
AUGUST 2024 Investor Presentation Update A L L R I G H T S R E S E R V E D
Slide 2: Notice to Investors
Notice to Investors Certain statements made herein or else whereby, or on behalf of, the Company that are not historical facts are intended to be forward‐looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
Slide 3: Q2 2024 At A Glance
Q2 2024 At A Glance Q2 2024 Company Overview YTD Q2 Financial Highlights • Ticker: CSV (NYSE) $ in mm, unless per share amounts Q2 2024 Q2 2023 • Market cap: ~$488 mm(1) Total Revenue $205.8 $193.2 NYSE listed • One of two publicly traded funeral and cemetery services and merchandise companies in th
Slide 4: Long-Term Growth Profile
Long-Term Growth Profile Total Revenue & Adjusted Consolidated EBITDA Margin(1) Adjusted Diluted EPS(1) $40 0 $383 $395 $3.02 $39 5 $39 0 $38 5 $38 0 $376 $370 39% $37 5 $37 0 $36 5 $36 0 $2.61 $35 5 $329 $35 0 $34 5 $34 0 $33 5 $33 0 $32 5 $2.35 $32 0 $31 5 $31 0 $30 5 $2.19 $30 0 $274 $29 5 $29 0
Slide 5: Current Organic Growth Initiatives
Current Organic Growth Initiatives Pre-need Cemetery Operational Cost Strategic Partnerships Sales Growth Strategy(1) Control Initiatives ▪ ▪ CSV increased focus on pre- Early stages to an internal Significant progress in 2024 on need cemetery sales strategy review of our supply chain increasing E
Slide 6: Appendix
Appendix A L L R I G H T S R E S E R V E D D E P A R T M E N T 6
Slide 7: Updated 2024 Outlook
Appendix: Updated 2024 Outlook Full Year Updated 2024 Outlook(1) $ in mm, unless per share amounts 2024 Outlook Total Revenue $390 - $400 Adjusted Consolidated EBITDA $117 - $123 Adjusted Diluted EPS $2.30 - $2.40 Adjusted Free Cash Flow $55 - $65 (1) As of July 31, 2024. For additional detail, see
Slide 8: Reconciliation of Non-GAAP measures
Appendix: Reconciliation of Non-GAAP measures(1) Operating Income to Adjusted Consolidated EBITDA Cash Provided by Operating Activities to Adjusted and Adjusted Consolidated EBITDA Margin Free Cash Flow $ in thousands $ in thousands YTD Q2 2024 YTD Q2 2023 YTD Q2 2024 YTD Q2 2023 Operating income $
Slide 9: Reconciliation of Non-GAAP measures
Appendix: Reconciliation of Non-GAAP measures(1) Operating Income EBITDA, to Adjusted (2) Reconciliation of Operating income to Consolidated Adjusted Consolidated EBITDA consolidated EBITDA and (in thousands Adjusted ) and Consolidated Adjusted consolidated EBITDA Margin EBITDA margin $ in thousands
Slide 10: Reconciliation of Non-GAAP measures
Appendix: Reconciliation of Non-GAAP measures(1) Operating Income to Field EBITDA Margin(2) $ in thousands Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Operating income $ 25,151 $ 19,725 $ 15,222 $ 19,628 $ 20,634 $ 20,738 $ 15,686 $ 23,921 $ 19,477 $ 18,369 Deprec
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